Natural Gas possible Buy
Updated
Hi! Just my idea. Not a financial advise.
I have seen multiple ideas from 44 and above saying natural gas would go up!
Unfortunately the fundamentals do not support it. There is a lot of reserve with the US at the moment and no demand for Gas due to not so cold temperatures
As per the levels I think 1.90 will hold and we can see a bounce.
Please see the levels as denoted in the chart.
Trade with care!
I have seen multiple ideas from 44 and above saying natural gas would go up!
Unfortunately the fundamentals do not support it. There is a lot of reserve with the US at the moment and no demand for Gas due to not so cold temperatures
As per the levels I think 1.90 will hold and we can see a bounce.
Please see the levels as denoted in the chart.
Trade with care!
Trade active
I hope some of you took that buy set up! As seen on chart it is now trying to break 2.47. If it does then the next stop will be 2.7-2.75.Trade with care!
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